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Close Brothers & Company Land Contract #2389, John Ludwig Wagner, Pipestone County, Minnesota

Ih-__._n.__> contract.
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RSFOR«y_ ___//_-.
ON O
ON
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No...M.^
Jfxis ^gr^mmf, Made this ...£aZ.JK.. ...day of
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.of the first
_A-<sA*^zeA*ylAA-71AA tftate oi.lA7/A^SA.e-^--p^yt-^- _ of the second part, WITNESSETH: That
in consideration of the stipulations herein contained, and the/payments to be made as is hereinafter specified the fijateparty hereby
agrees to sell unto the second party, the..^_<^_£7*7^.^r_*77^^_^__7^
of Section No.. S_3/___.\rr Township No 7.P7_..4.....North, Range No 7/...C/. West of the fifth principal meridian,
containing, according to the United. States Survey.zr_.7ZA72A3rzy.JA7AtA7C:ty (_ TfTPP.-S- acres^t
more or less, for the sum of-_77^_^r_^-V___7fe^:»S^fe*^
AAaaZ/a.... CAJapAA-J
be the same
BOLLARS,
BOLLARS
on which the said second party hath paid the sum of.
on account of the principal.
And the said second party, in consideration of the premises, hereby agrees to pay to the said first party, at the offioe of
Close Bros. & Co., at Chicago, 111., the foBowing sums of principal and interest, at the several times named below.
WHEN DTJE.
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PRINCIPAL.
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INTEREST.
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SA.
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AMOUNT.
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EVIDENCE OE-PAYMEN
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And the said second party hereby further agrees and obligate---fJyZfsZtststyfyzzfylzz-^ (stAsO. heirs and assigns, that all
improvements placed upon said pji_ftnises shall remain thereon and shall not be removed or destroyed, until final payment for said
lauds. And further that f/TlAt will punctually pay said sums of money above specified, as each of the same becomes due;
and that- r_Wfc will regularly and seasonably pay all such taxes and assessments as may be lawfully imposed upon said
premises. And if the said party of the second part fails to pay the said taxes and assessments before the same become delinquent, the
first party may pay the same, and the amount so paid shall be immediately due from the second party as part of the purchase money
of the said land, and shall draw interest at the rate of eight per cent, per annum until paid, but the payment of any tax by the
first party shall not be a waiver of the forfeiture or the right to declare or enforce the forfeiture for the non-payment by the party of the
second part, of such taxes, or for any other default. • . >'
And in case the said second party, PAzZlAAi-—legal representatives, or /aTSIAO aBBigns, shall pay the
several sums of money aforesaid, punctually and at the several times above limited, and ahall strictly and literally perform all and
Bingular the agreementa/and stipulations aforesaid, after their true tenor and intent, then the first party will make unto the said
second party, fPfASzAl'- heirs or assigns (upon request at the office of Close Bros. & Co., at Chicago, 111., and the surrender
of this contract), a deed conveying said premises in fee simple with the ordinary covenants of warranty, excepting, however, such
incumbrances as may be placed thereon by the location of public highways, raUroads, or other public uBe, or from taxes becoming
due after date of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of the
second part.
But in case the second party shall fail to make the payments aforesaid, or any of them, punctually and upon the strict terms
and times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly
and literally, without any failure or default, the time of payment being the essence of this contract, then the party of the first
part shall have the right to declare thie contract null and void, and all right and interest hereby created or then existing in favor
of the Becond party, or derived under this contract, shall utterly cease and determine, and the premiaes hereby contracted shall
revert to and revest in said first party (without any declaration of forfeiture, or act of re-entry, or without any other act by said
first party to be performed, and without any right of Baid second party of reclamation or compensation for moneys paid and
improvements made), as absolutely, fully and perfectly as if this contract had never been made. And if in case of default of any
of the conditions or paymentB above mentioned, the party of the first part shall commence any action or legal proceedings either
to enforce the forfeiture or foreclose the interest of the party of the second part, or collect the amount due thereon, or to obtain
possession of said premises, or restrain the removal of any improvements therefrom, the Baid party of the second part hereby agrees
to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be assessed and taxed
by the court, and the party of the first part shall have judgment therefor, to be paid or collected the same as the purchase price
of the land.
And it is farther stipulated that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or
permanently attached hereto, and approved by the first party, (for which purpose this contract must be sent to/She office of
Close Bros. & Co., Chicago, 111.) and that no agreements or conditions or relatione between the Becond party and ATfAATTfzAZlrrAAl.
assigns, or any other person acquiring title or interest, from or through Cjly*A*AAz7lz- shall preclude the first party from the
right to convey the premises to said second party, or /aJalaT. assigns, on the surrender of this agreement and the payment of the unpaid portion of the purchase money which may be due to the first party.
In Witness of which the said parties have caused these presents to be executed and delivered in duplicate, the day and year
above written.
&-CJW-
\#w
SOUTH MINNESOTA UVNO CO,? Ld.
By.
Witness,
JS" Purchaser will be entitled tr. a d/ed when one-third of purchase money is paid, and notes secured by mortgage'bearing interest at eight per cent per
annum payable annually, are given for the balance, said mortgage to be a flrst lien on the premises

Ih-__._n.__> contract.
^^smaSPPAfATs/—
RSFOR«y_ ___//_-.
ON O
ON
ON <
R Be.FORi......
R B.efO_R_t____
No...M.^
Jfxis ^gr^mmf, Made this ...£aZ.JK.. ...day of
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.of the first
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INTEREST.
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SA.
3.1k.
327.
/tA
IA
AMOUNT.
7/y
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EVIDENCE OE-PAYMEN
YA^AJCA (A'^Az.
ZP/izZtsO_
And the said second party hereby further agrees and obligate---fJyZfsZtststyfyzzfylzz-^ (stAsO. heirs and assigns, that all
improvements placed upon said pji_ftnises shall remain thereon and shall not be removed or destroyed, until final payment for said
lauds. And further that f/TlAt will punctually pay said sums of money above specified, as each of the same becomes due;
and that- r_Wfc will regularly and seasonably pay all such taxes and assessments as may be lawfully imposed upon said
premises. And if the said party of the second part fails to pay the said taxes and assessments before the same become delinquent, the
first party may pay the same, and the amount so paid shall be immediately due from the second party as part of the purchase money
of the said land, and shall draw interest at the rate of eight per cent, per annum until paid, but the payment of any tax by the
first party shall not be a waiver of the forfeiture or the right to declare or enforce the forfeiture for the non-payment by the party of the
second part, of such taxes, or for any other default. • . >'
And in case the said second party, PAzZlAAi-—legal representatives, or /aTSIAO aBBigns, shall pay the
several sums of money aforesaid, punctually and at the several times above limited, and ahall strictly and literally perform all and
Bingular the agreementa/and stipulations aforesaid, after their true tenor and intent, then the first party will make unto the said
second party, fPfASzAl'- heirs or assigns (upon request at the office of Close Bros. & Co., at Chicago, 111., and the surrender
of this contract), a deed conveying said premises in fee simple with the ordinary covenants of warranty, excepting, however, such
incumbrances as may be placed thereon by the location of public highways, raUroads, or other public uBe, or from taxes becoming
due after date of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of the
second part.
But in case the second party shall fail to make the payments aforesaid, or any of them, punctually and upon the strict terms
and times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly
and literally, without any failure or default, the time of payment being the essence of this contract, then the party of the first
part shall have the right to declare thie contract null and void, and all right and interest hereby created or then existing in favor
of the Becond party, or derived under this contract, shall utterly cease and determine, and the premiaes hereby contracted shall
revert to and revest in said first party (without any declaration of forfeiture, or act of re-entry, or without any other act by said
first party to be performed, and without any right of Baid second party of reclamation or compensation for moneys paid and
improvements made), as absolutely, fully and perfectly as if this contract had never been made. And if in case of default of any
of the conditions or paymentB above mentioned, the party of the first part shall commence any action or legal proceedings either
to enforce the forfeiture or foreclose the interest of the party of the second part, or collect the amount due thereon, or to obtain
possession of said premises, or restrain the removal of any improvements therefrom, the Baid party of the second part hereby agrees
to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be assessed and taxed
by the court, and the party of the first part shall have judgment therefor, to be paid or collected the same as the purchase price
of the land.
And it is farther stipulated that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or
permanently attached hereto, and approved by the first party, (for which purpose this contract must be sent to/She office of
Close Bros. & Co., Chicago, 111.) and that no agreements or conditions or relatione between the Becond party and ATfAATTfzAZlrrAAl.
assigns, or any other person acquiring title or interest, from or through Cjly*A*AAz7lz- shall preclude the first party from the
right to convey the premises to said second party, or /aJalaT. assigns, on the surrender of this agreement and the payment of the unpaid portion of the purchase money which may be due to the first party.
In Witness of which the said parties have caused these presents to be executed and delivered in duplicate, the day and year
above written.
&-CJW-
\#w
SOUTH MINNESOTA UVNO CO,? Ld.
By.
Witness,
JS" Purchaser will be entitled tr. a d/ed when one-third of purchase money is paid, and notes secured by mortgage'bearing interest at eight per cent per
annum payable annually, are given for the balance, said mortgage to be a flrst lien on the premises